Heartwood Investment Management, the asset management arm of Handelsbanken, has added two lower-risk options to its range of multi-asset sustainable investment solution.
Dubbed Defensive Sustainable and Cautious Sustainable, the new funds will aim to give investors with access to a sustainable product at all times on the risk or return curve.
The funds will target a distinct return over inflation and is run to the MSCI SRI benchmark target (CPI plus) aligned to each fund’s risk profile.
Managed by Benjamin Matthews, the new funds join the company’s Balanced Sustainable and Growth Sustainable funds launched two years ago.
Similar to other Heartwood strategies, the portfolios will invest in both active and passive funds besides underlying debt and equity securities.
Matthews said: “Achieving a positive impact on social or environmental outcomes, combined with the delivery of compelling financial returns, is at the heart of sustainable investing.
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By GlobalData“It means finding investments that can deliver those positive outcomes, while at the same time excluding those that need to meet their risk/return objectives through sustainable investing.”
Heartwood Investment Management head and chief investment officer Noland Carter said: “We are excited to complete the range of our multi asset sustainable strategies, building on and developing our experience in the sustainable space.
“They are a natural extension of our core product range and reflect a growing demand from our investor base. With these strategies, I believe we at Heartwood have set ourselves apart by delivering sustainable solutions to meet the needs of existing and future investors.”